China Mining News

India's gold prices swing to premium ahead of Diwali festival

Local gold prices were trading around 29,760 rupees per 10 grams on Friday, up nearly a percent from last week.

Zinc price spike sparks flurry of miner listings

The metal has doubled in prices since late 2015 and investor demands are rising for this "hot commodity."

Iron ore price soars as Chinese imports reach record high

Monthly cargoes top 100 million tonnes for the first time ever.

The electric car blindsides the automakers

An examination of the lithium market and the one company that Ron Struthers (of Struther's Resource Stock Report) believes is in the right place.

Prairie Mining says near deal with Chinese banks to fund Polish mine

Upfront capital costs for the development of the Jan Karski mine totals $630 million with Chinese lenders expected to financing 85 percent of it.

Rio Tinto's $2 billion coal assets attract investor consortium: sources

Sale is part of Rio’s planned exit from Australian coal to focus on iron ore, copper and aluminum.

More good news for lead price as market tightens further

Chinese smelters' treatment and refining charges for imported lead concentrate slide to $20–$30 per tonne, more than $100 below last year's peak.

China's top coke producer to curb output in pollution war

Shanxi Coking will trim around 900,000 tonnes of coke and 360,000 tonnes of chemicals from production during the coming winter months.

Iron ore dangerously close to $60 a tonne

Ongoing concerns that looming steel production cuts in China on environmental grounds will sap steel mill demand continue to weigh on prices.

Chinese companies to build 700 coal plants in and outside China

Of all the new coal generation expected to go online over the next decade, Chinese companies will build nearly half of it.

Russia takes advantage of China's North Korea coal ban

As North Korean imports of anthracite coal have waned with sanctions, those from Russia have soared.

Electric cars prompt consultants CRU to explore cobalt sulphate index

Any cobalt sulphate prices published by CRU would be based on traded prices in China, a cobalt industry source said.

Freeport pressed to give most of Grasberg copper-gold mine to Indonesia ASAP

Freeport agreed in August to divest a 51% stake in Grasberg to local interests in return for full operational control until 2041 plus fiscal and legal guarantees, but a final deal has still to be reached.

In the heart of China's coal country, a city bans most coal

The ban took effect from Sunday and restricts most companies and individuals from selling, transporting or burning coal in the urban area of Taiyuan.

Vanadium: the energy storage metal

Vanadium redox flow batteries (VRFBs) are fairly unique in the battery world.

DGCX opens Shanghai Gold Futures

The Dubai Gold and Commodities Exchange is entering as a global player in precious metals with its Shanghai Gold Futures contract (DSGC).

Australia's Port Hedland China iron ore exports up 2.8 pct in Sept — port

Overall, September iron ore shipments from the world's biggest export terminal for the steelmaking raw material increased to 43.4 million tonnes from 42.8 million in August.

Philippines confirms environment minister who supports open pit mining ban

Roy Cimatu, who replaced ousted ecologist Regina Lopez in May, has said he would review evidence brought forward by mining companies and communities before deciding whether to keep, modify, or reverse his predecessor's measures.

This could be a no-brainer gold buying opportunity

US Global Investors uses quantamentals in their gold investing process, combining old-fashioned, bottom-up stock picking with big data and machine learning.

Why lithium, why now?

A global energy transition is underway, with lithium-ion as one of the leading energy storage technologies for both handheld technology and electric cars.

Chinese EV market nearing 2% penetration

Plug-in-vehicle market in China surges to a record 1.8% of total passenger vehicle sales.

Iron ore price resumes fall

At three-month low with $50s now in sight.

A new challenge to the dollar

China announced the creation of an oil futures contract that will be denominated in Yuan and convertible into gold.

China iron ore makes biggest monthly drop since May 2016 as demand concerns rise

The Dalian Commodity Exchange's most-traded iron ore contract, for January delivery, closed down 0.98 percent at 454.5 yuan ($68.45) per tonne.

Chinese carmaker to take $28m stake in Australian lithium company

Great Wall will be involved in what seems to be the first direct investment in a lithium supplier by an automaker.